Zerodha (Trading Account)
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Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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| Issue Open | June 2, 2020 |
| Issue Close | June 26, 2020 |
| Issue Size (Base) | ₹100.00 Crores |
| Issue Size (Shelf) | ₹125.00 Crores |
| Issue Price | ₹1000 per NCD |
| Listing At | BSE |
Note that the public issue of NCD is closed early in case it is fully subscribed (base + shelf) before its issue closing day.The allotment is done on a First Come First Serve Basis.
| Bid/Offer Opens On | June 2, 2020 |
| Bid/Offer Closes On | June 26, 2020 |
| Record Date | |
| Deemed Date of Allotment |
| Series 1 | Series 2 | Series 3 | Series 4 | Series 5 | Series 6 | Series 7 | Series 8 | Series 9 | Series 10 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Tenure | 400 Days | 400 Days | 18 Months | 2 Years | 2 Years | 3 Years | 3 Years | 5 Years | 5 Years | 75 Months |
| Frequency of Interest Payment | Monthly | Cumulative | Cumulative | Monthly | Yearly | Monthly | Yearly | Monthly | Yearly | Cumulative |
| Minimum Application | Rs 5000 (5 NCDs) | |||||||||
| In multiples of thereafter | 1 NCD after minimum app | |||||||||
| Face Value of Secured NCDs (Rs / NCD) | Rs 1,000 | |||||||||
| Issue Price (Rs / NCD) | Rs 1,000 | |||||||||
| Mode of Interest Payment | Through various options | |||||||||
| Coupon Rate (% per annum) | 11.00% | NA | NA | 11.25% | 11.50% | 11.50% | 11.75% | 11.75% | 12.00% | NA |
| Coupon Type | Fixed | |||||||||
| Redemption Amount (Rs / NCD) for Debenture Holders* | Rs 1,000 | Rs 1,123 | Rs 1,179 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 1,000 | Rs 2,000 |
Note that the Shelf issue is an option to retain oversubscription up to shelf issue size over and above the base issue.
You could check KLM Axiva Finvest Ltd NCD Grey Market Premium (GMP Rate) by visiting our Grey Market Price (Message Board).
Note that there is no official source of GMP Rate as they are over-the-counter transactions.
The NCDs proposed to be issued under this Issue have been rated "CARE BB+; Stable", by CARE Ratings Limited ("CARE Ratings") for an amount up to Rs 12,500 lakhs, vide its letter dated March 16, 2020 and revalidation letter dated May 22, 2020. The rating of NCDs by CARE Ratings indicates that instruments with this rating are considered to have moderate risk of default regarding timely servicing of financial obligations.
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